ARBITER PARTNERS CAPITAL MANAGEMENT LLC Information

530 FIFTH AVENUE, 20TH FLOOR, NEW YORK, New York, 10036, (212) 452-9119

Report Date: 03/31/2016

Position Statistics

Total Positions 95
New Positions 6
Increased Positions 17
Decreased Positions 29
Positions with Activity 46
Sold Out Positions 12
Total Mkt Value (in $ millions) 322

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials 14.62%
Capital Goods 6.85%
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical 0.22%
Energy 3.31%
Financial 28.34%
Healthcare 15.38%
Services 10.29%
Technology 14%
Transportation
Utilities

95 Positions as of 03/31/2016

Company Class Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) ▲ Shares Held
ARMOUR RESIDENTIAL REIT INC COM NEW -238 Sold Out 0
BENEFICIAL BANCORP INC COM -9,156 Sold Out 0
CARNIVAL CORP PAIRED CTF -450 Sold Out 0
CHARTER FINL CORP MD COM -1,536 Sold Out 0
F M C CORP COM NEW -3,129 Sold Out 0
FOREST CITY RLTY TR INC COM CL A -21,054 Sold Out 0
LEXMARK INTL INC CL A -4,529 Sold Out 0
OUTERWALL INC COM -1,476 Sold Out 0
PJT PARTNERS INC COM CL A -4,618 Sold Out 0
SERITAGE GROWTH PPTYS CL A -16,904 Sold Out 0
TECK RESOURCES LTD CL B -1,972 Sold Out 0
VIACOM INC NEW CL A -979 Sold Out 0
NEW SR INVT GROUP INC COM 144 -313 (68.42) 13,486
STONEGATE MTG CORP COM 141 -296 (67.8) 35,782
ANWORTH MORTGAGE ASSET CP COM 1,477 -2,009 (57.64) 319,638
NATIONAL WESTN LIFE GROUP INC CL A 281 -286 (50.42) 1,362
SHORE BANCSHARES INC COM 460 -409 (47.09) 39,684
LIBERTY INTERACTIVE CORP LBT VENT COM A 444 -371 (45.52) 11,969
ASB BANCORP INC N C COM 441 -322 (42.25) 17,348
CLEAR CHANNEL OUTDOOR HLDGS IN CL A 306 -183 (37.38) 50,000